French investor Amundi is reportedly closing on the acquisition of the newly developed Fitzwilliam 28 office block fully let to Slack Technologies in a deal worth over €170 mln.
According to a news report in the Irish Times, Amundi is understood to have stepped in to acquire the property after discussions with another bidder, Morgan Stanley, ended.
Located in the central business district in Dublin 2, the building was brought to market last January by owner the ESB through joint agents Savills and Bannon at a guide price of €168 mln.
The 12,600 m2 property is let in its entirety to Slack Technologies with a rent of €7.7 mln a year.